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1688927
registered interest false more like this
date less than 2024-02-14more like thismore than 2024-02-14
answering body
Department for Transport more like this
answering dept id 27 more like this
answering dept short name Transport more like this
answering dept sort name Transport more like this
hansard heading High Speed 2 Line: Costs more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what is their most recent assessment of the expected cost of HS2, and what assessment they have made of whether this represents good value for money. more like this
tabling member printed
Lord Truscott more like this
uin HL2506 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-02-20more like thismore than 2024-02-20
answer text <p>The most recent cost assessment of the HS2 programme was published in November 2023 through the six-monthly update to Parliament. The Department will provide a Value for Money assessment via an update to the Phase One Business Case, due in the course of 2024.</p><p> </p><p> </p> more like this
answering member printed Lord Davies of Gower more like this
question first answered
remove maximum value filtermore like thismore than 2024-02-20T12:55:34.107Z
answering member
4499
label Biography information for Lord Davies of Gower more like this
tabling member
3682
label Biography information for Lord Truscott more like this
1688772
registered interest false more like this
date less than 2024-02-09more like thismore than 2024-02-09
answering body
Department for Transport more like this
answering dept id 27 more like this
answering dept short name Transport more like this
answering dept sort name Transport more like this
hansard heading Electric Vehicles and Hybrid Vehicles: Insurance more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government whether they have any plans to mitigate the rising cost of insurance for electric and hybrid vehicles. more like this
tabling member printed
Lord Truscott more like this
uin HL2373 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-02-20more like thismore than 2024-02-20
answer text <p><strong> </strong></p><p>Department for Transport officials regularly liaise with representatives of the motor insurance industry on a variety of issues such as the cost of insurance.</p><p>It is the responsibility of individual motor insurers to set their premiums and the terms and conditions of their policies, and the Government does not intervene or seek to control the market.</p><p> </p><p>However, the Department will continue to engage with motor insurance stakeholders to understand the challenges facing motor insurance providers and any potential solutions. The Government is determined that insurers should treat customers fairly, and firms are required to do so under the Financial Conduct Authority rules.</p> more like this
answering member printed Lord Davies of Gower more like this
question first answered
less than 2024-02-20T12:48:19.38Zmore like thismore than 2024-02-20T12:48:19.38Z
answering member
4499
label Biography information for Lord Davies of Gower more like this
tabling member
3682
label Biography information for Lord Truscott more like this
1685368
registered interest false more like this
date less than 2024-01-26more like thismore than 2024-01-26
answering body
Department for Levelling Up, Housing and Communities more like this
answering dept id 211 more like this
answering dept short name Levelling Up, Housing and Communities more like this
answering dept sort name Levelling Up, Housing and Communities more like this
hansard heading Buildings: Insurance more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what steps they plan to take to stop managing agents charging leaseholders excessive commission charges for renewing buildings insurance. more like this
tabling member printed
Lord Truscott more like this
uin HL1969 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-02-08more like thismore than 2024-02-08
answer text <p>The Leasehold and Freehold Reform Bill seeks to ban the placer of insurance on residential leasehold properties from receiving any form of commission that is passed on to leaseholders as a cost. Instead, costs relating to the placement and management of buildings insurance will be issued through a transparent handling fee, proportionate to the value of the work done. The detail will be set out in affirmative secondary legislation.</p><p>Transparency reforms within the Bill will require the placer of insurance to disclose information about their decision-making process when purchasing buildings insurance on behalf of leaseholders. These measures will support responsible, transparent, and accountable sourcing of buildings insurance for leaseholders of multi-occupancy buildings.</p> more like this
answering member printed Baroness Scott of Bybrook more like this
question first answered
less than 2024-02-08T14:10:23.357Zmore like thismore than 2024-02-08T14:10:23.357Z
answering member
4553
label Biography information for Baroness Scott of Bybrook more like this
tabling member
3682
label Biography information for Lord Truscott more like this
1685369
registered interest false more like this
date less than 2024-01-26more like thismore than 2024-01-26
answering body
Department for Transport more like this
answering dept id 27 more like this
answering dept short name Transport more like this
answering dept sort name Transport more like this
hansard heading High Speed 2 Line more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government whether, in the light of current cost increases, they intend to review the business case for HS2. more like this
tabling member printed
Lord Truscott more like this
uin HL1970 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-02-09more like thismore than 2024-02-09
answer text <p>Work has begun on an updated Business Case for the HS2 programme. This will be published in due course.</p> more like this
answering member printed Lord Davies of Gower more like this
question first answered
less than 2024-02-09T12:38:07.793Zmore like thismore than 2024-02-09T12:38:07.793Z
answering member
4499
label Biography information for Lord Davies of Gower more like this
tabling member
3682
label Biography information for Lord Truscott more like this
1681419
registered interest false more like this
date less than 2024-01-10more like thismore than 2024-01-10
answering body
Department for Levelling Up, Housing and Communities more like this
answering dept id 211 more like this
answering dept short name Levelling Up, Housing and Communities more like this
answering dept sort name Levelling Up, Housing and Communities more like this
hansard heading Leasehold and Freehold Reform Bill more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what assessment they have made of the potential impact of the Leasehold and Freehold Reform Bill on the cost and speed of extending leaseholds. more like this
tabling member printed
Lord Truscott more like this
uin HL1486 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-01-23more like thismore than 2024-01-23
answer text <p>Our reforms will make it cheaper and easier for leaseholders to extend their lease or purchase their freehold. An Impact Assessment for the Leasehold and Freehold Reform Bill has been carried out and published on the Parliament website at: <a href="https://bills.parliament.uk/bills/3523/publications" target="_blank">Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament</a>.</p><p>The rates used in enfranchisement valuation calculations will be prescribed by the Secretary of State and the Government is giving further consideration to how these rates should be reached.</p><p>The Leasehold and Freehold Reform Bill is A1P1 ECHR compliant as introduced on 27 November 2023.</p><p>We are going to launch an online calculator which will help leaseholders understand how much it will cost to extend their lease or purchase their freehold upfront.</p> more like this
answering member printed Baroness Penn more like this
grouped question UIN
HL1487 more like this
HL1488 more like this
HL1489 more like this
HL1490 more like this
question first answered
less than 2024-01-23T15:35:56.717Zmore like thismore than 2024-01-23T15:35:56.717Z
answering member
4726
label Biography information for Baroness Penn more like this
attachment
1
file name Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament.pdf more like this
title Leasehold and Freehold Reform Bill more like this
tabling member
3682
label Biography information for Lord Truscott more like this
1681420
registered interest false more like this
date less than 2024-01-10more like thismore than 2024-01-10
answering body
Department for Levelling Up, Housing and Communities more like this
answering dept id 211 more like this
answering dept short name Levelling Up, Housing and Communities more like this
answering dept sort name Levelling Up, Housing and Communities more like this
hansard heading Leasehold and Freehold Reform Bill more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government whether they will specify (1) the deferment rate, and (2) the rate for discounting future ground rent schemes, in the Leasehold and Freehold Reform Bill. more like this
tabling member printed
Lord Truscott more like this
uin HL1487 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-01-23more like thismore than 2024-01-23
answer text <p>Our reforms will make it cheaper and easier for leaseholders to extend their lease or purchase their freehold. An Impact Assessment for the Leasehold and Freehold Reform Bill has been carried out and published on the Parliament website at: <a href="https://bills.parliament.uk/bills/3523/publications" target="_blank">Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament</a>.</p><p>The rates used in enfranchisement valuation calculations will be prescribed by the Secretary of State and the Government is giving further consideration to how these rates should be reached.</p><p>The Leasehold and Freehold Reform Bill is A1P1 ECHR compliant as introduced on 27 November 2023.</p><p>We are going to launch an online calculator which will help leaseholders understand how much it will cost to extend their lease or purchase their freehold upfront.</p> more like this
answering member printed Baroness Penn more like this
grouped question UIN
HL1486 more like this
HL1488 more like this
HL1489 more like this
HL1490 more like this
question first answered
less than 2024-01-23T15:35:56.773Zmore like thismore than 2024-01-23T15:35:56.773Z
answering member
4726
label Biography information for Baroness Penn more like this
attachment
1
file name Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament.pdf more like this
title Leasehold and Freehold Reform Bill more like this
tabling member
3682
label Biography information for Lord Truscott more like this
1681421
registered interest false more like this
date less than 2024-01-10more like thismore than 2024-01-10
answering body
Department for Levelling Up, Housing and Communities more like this
answering dept id 211 more like this
answering dept short name Levelling Up, Housing and Communities more like this
answering dept sort name Levelling Up, Housing and Communities more like this
hansard heading Leasehold and Freehold Reform Bill more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government whether they plan to set the deferment rate in the Leasehold and Freehold Reform Bill to 5 per cent or greater. more like this
tabling member printed
Lord Truscott more like this
uin HL1488 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-01-23more like thismore than 2024-01-23
answer text <p>Our reforms will make it cheaper and easier for leaseholders to extend their lease or purchase their freehold. An Impact Assessment for the Leasehold and Freehold Reform Bill has been carried out and published on the Parliament website at: <a href="https://bills.parliament.uk/bills/3523/publications" target="_blank">Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament</a>.</p><p>The rates used in enfranchisement valuation calculations will be prescribed by the Secretary of State and the Government is giving further consideration to how these rates should be reached.</p><p>The Leasehold and Freehold Reform Bill is A1P1 ECHR compliant as introduced on 27 November 2023.</p><p>We are going to launch an online calculator which will help leaseholders understand how much it will cost to extend their lease or purchase their freehold upfront.</p> more like this
answering member printed Baroness Penn more like this
grouped question UIN
HL1486 more like this
HL1487 more like this
HL1489 more like this
HL1490 more like this
question first answered
less than 2024-01-23T15:35:56.823Zmore like thismore than 2024-01-23T15:35:56.823Z
answering member
4726
label Biography information for Baroness Penn more like this
attachment
1
file name Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament.pdf more like this
title Leasehold and Freehold Reform Bill more like this
tabling member
3682
label Biography information for Lord Truscott more like this
1681422
registered interest false more like this
date less than 2024-01-10more like thismore than 2024-01-10
answering body
Department for Levelling Up, Housing and Communities more like this
answering dept id 211 more like this
answering dept short name Levelling Up, Housing and Communities more like this
answering dept sort name Levelling Up, Housing and Communities more like this
hansard heading Leasehold: Reform more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what assessment they have made of whether leasehold reform breaches the human rights of freeholders as property owners. more like this
tabling member printed
Lord Truscott more like this
uin HL1489 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-01-23more like thismore than 2024-01-23
answer text <p>Our reforms will make it cheaper and easier for leaseholders to extend their lease or purchase their freehold. An Impact Assessment for the Leasehold and Freehold Reform Bill has been carried out and published on the Parliament website at: <a href="https://bills.parliament.uk/bills/3523/publications" target="_blank">Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament</a>.</p><p>The rates used in enfranchisement valuation calculations will be prescribed by the Secretary of State and the Government is giving further consideration to how these rates should be reached.</p><p>The Leasehold and Freehold Reform Bill is A1P1 ECHR compliant as introduced on 27 November 2023.</p><p>We are going to launch an online calculator which will help leaseholders understand how much it will cost to extend their lease or purchase their freehold upfront.</p> more like this
answering member printed Baroness Penn more like this
grouped question UIN
HL1486 more like this
HL1487 more like this
HL1488 more like this
HL1490 more like this
question first answered
less than 2024-01-23T15:35:56.87Zmore like thismore than 2024-01-23T15:35:56.87Z
answering member
4726
label Biography information for Baroness Penn more like this
attachment
1
file name Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament.pdf more like this
title Leasehold and Freehold Reform Bill more like this
tabling member
3682
label Biography information for Lord Truscott more like this
1681423
registered interest false more like this
date less than 2024-01-10more like thismore than 2024-01-10
answering body
Department for Levelling Up, Housing and Communities more like this
answering dept id 211 more like this
answering dept short name Levelling Up, Housing and Communities more like this
answering dept sort name Levelling Up, Housing and Communities more like this
hansard heading Leasehold and Freehold Reform Bill more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what plans they have to introduce an online calculator for the cost of lease extensions under the Leasehold and Freehold Reform Bill. more like this
tabling member printed
Lord Truscott more like this
uin HL1490 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-01-23more like thismore than 2024-01-23
answer text <p>Our reforms will make it cheaper and easier for leaseholders to extend their lease or purchase their freehold. An Impact Assessment for the Leasehold and Freehold Reform Bill has been carried out and published on the Parliament website at: <a href="https://bills.parliament.uk/bills/3523/publications" target="_blank">Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament</a>.</p><p>The rates used in enfranchisement valuation calculations will be prescribed by the Secretary of State and the Government is giving further consideration to how these rates should be reached.</p><p>The Leasehold and Freehold Reform Bill is A1P1 ECHR compliant as introduced on 27 November 2023.</p><p>We are going to launch an online calculator which will help leaseholders understand how much it will cost to extend their lease or purchase their freehold upfront.</p> more like this
answering member printed Baroness Penn more like this
grouped question UIN
HL1486 more like this
HL1487 more like this
HL1488 more like this
HL1489 more like this
question first answered
less than 2024-01-23T15:35:56.667Zmore like thismore than 2024-01-23T15:35:56.667Z
answering member
4726
label Biography information for Baroness Penn more like this
attachment
1
file name Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament.pdf more like this
title Leasehold and Freehold Reform Bill more like this
tabling member
3682
label Biography information for Lord Truscott more like this
1666302
registered interest false more like this
date less than 2023-10-19more like thismore than 2023-10-19
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Banks: Fees and Charges more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government what assessment they have made of whether banks charge fair and reasonable arrangement fees, and of the impact of such fees, combined with restrictive affordability criteria on the affordability of consumer mortgages. more like this
tabling member printed
Lord Truscott more like this
uin HL10704 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-10-26more like thismore than 2023-10-26
answer text <p>The availability and pricing of mortgages, including arrangement fees, is a commercial decision for lenders in which the Government does not intervene.</p><p> </p><p>It is important for both lenders and consumers that proper checks are carried out to ensure that borrowers will be well placed to repay the mortgage. Since April 2014 all lenders must now conduct an affordability assessment, which includes a robust income and expenditure analysis that will include a consideration of other debts owed. Lenders must also obtain evidence of that income to support this assessment.</p><p> </p><p>The Government remains committed to making the aspiration of homeownership a reality for as many households as possible.</p><p> </p><p>We operate a range of schemes that aim to increase the supply of low-deposit mortgages for credit-worthy households, including first-time buyers, increase the availability of new housing, and stimulate economic growth. These include the Mortgage Guarantee Scheme, which is open until the end of 2023, as well as First Homes and Shared Ownership through the Affordable Homes Programme. The Government also helps first-time buyers to save for a deposit through the Lifetime ISA and Help to Buy: ISA.</p>
answering member printed Baroness Penn more like this
question first answered
less than 2023-10-26T10:02:05.363Zmore like thismore than 2023-10-26T10:02:05.363Z
answering member
4726
label Biography information for Baroness Penn more like this
tabling member
3682
label Biography information for Lord Truscott more like this